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PDF Solutions price target raised to $38 from $36 at DA Davidson

DA Davidson raised the firm’s price target on PDF Solutions (PDFS) to $38 from $36 and keeps a Buy rating on the shares. The company’s Q4 top line results came in above consensus and in-line with the firm’s estimates as PDF Solutions continued to monetize its deep domain expertise in the chip industry and expanded product portfolio, the analyst tells investors in a research note.

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